My name is Sam Wilson. I have been a Full-time Horse racing trader since 2006. These betting markets are constantly evolving to present fresh challenges to even the most seasoned traders. I will share my knowledge and experiences here as I continue to Adapt & Survive.

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Thursday, 3 September 2009

"Instinct"

You'll hear a lot of pro traders talk about "instinct" when trading races.
In my opinion it can’t be taught and comes purely from experience and putting in many hours watching the numbers. You develop a feel for the market and confidence grows as you start making more and more positive trades. I had lots of ups and downs when I first started, it’s a huge learning curve and you have to be prepared to lose money to progress. I was very close to quitting when something just clicked, I started getting a feel for it and was trying to make £10- £15 a day consistently. That soon turned into
£50 £75 and its been positive ever since. Wednesday 2nd P&L

I’ve had a great start to the week, I’m 100% focused and confidence keeps growing. Yesterday was very solid and today is still not over however,
I’m prepared for a knock and wont get carried away, you never know what’s around the corner.